Walmart NNN Ground Lease
For Sale
Contact for pricing
9399 N Spring Run Pkwy, Eagle Mountain, UT 84005
Newly developed retail-oriented ground lease with multiple parcels and a signalized intersection location in Eagle Mountain.
Property SizeContact for details
Days on Market142
Property Features for 9399 N Spring Run Pkwy
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2025
Tenancy
Single
Listing Agency:
Colliers - Tulsa, Oklahoma
(918) 878-9534
Listed By:
Andrew Ragsdale · License #OK 072000
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 3:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Tulsa, Oklahoma
Investment Insights
Based on property information with market context.
This NNN property was developed in 2025 for Walmart, Inc. and encompasses a primary parcel of approximately 19 acres along with two outparcels. One outparcel contains a Walmart fueling station. The entire development is subject to a 20-year ground lease, followed by sixteen five-year renewal options. Contractual rent increases of 10% occur every five years during the initial term and option periods.
The property occupies the signalized intersection of Highway 73 and Spring Run Parkway in Eagle Mountain, Utah. Across the street, a 7.6-acre retail project is being entitled with multiple pad users and approximately 15,000 sqft of multi-tenant retail space. The surrounding area also includes a Meta data center campus and a Tyson Foods facility in Eagle Mountain. Walmart, Inc. carries an AA Standard & Poor’s credit rating.
The property occupies the signalized intersection of Highway 73 and Spring Run Parkway in Eagle Mountain, Utah. Across the street, a 7.6-acre retail project is being entitled with multiple pad users and approximately 15,000 sqft of multi-tenant retail space. The surrounding area also includes a Meta data center campus and a Tyson Foods facility in Eagle Mountain. Walmart, Inc. carries an AA Standard & Poor’s credit rating.
Key Highlights
- 20‑year ground lease with sixteen five‑year option periods
- 10% rent increases every five years during the primary term and option periods
- Brand‑new development completed in 2025 for Walmart, Inc.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 84005, UT
43,113
Population
11,949
Households
3.6
Avg Household Size
22
Median Age
38%
College-Educated
96%
High-School Grad
36.5 sq mi
ZIP Area
1,181
Density / Sq Mi
$105,576
Median Household Income
$46,401
Median Earnings
$1,995
Median Rent
$469,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Newly developed retail-oriented ground lease with multiple parcels and a signalized intersection location in Eagle Mountain.
Where is this nnn property located?
The property is located at 9399 N Spring Run Pkwy Eagle Mountain, UT.
What are key features of this property?
This property features: 20‑year ground lease with sixteen five‑year option periods; 10% rent increases every five years during the primary term and option periods; Brand‑new development completed in 2025 for Walmart, Inc.
